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Monthly Archives: February 2021
Monthly Archives: February 2021
We’re heading into Friday’s trading session, and since tomorrow is the last day of trading for February, and we had such a big move down today, we’re expecting another volatile session to finish the week tomorrow morning…
Speaking of today’s big move lower; markets went three legs down to major support levels, which usually means we get either a range or reversal the following day.
I want to make sure you’re ready for both of these situations, so make sure you watch tonight’s video. Here’s my game plan for Friday…
Continue readingHow’s that for end-of-month volatility? Wow…
We just finished up one of the wildest sessions of the year, and with all the big moves on the charts today, we have some big “open-loop” setups to look forward to tomorrow…
What’s an open-loop, you ask? All three of our favorite markets have them right now, and it’s the key to finding the best entries and exits on Wednesday. Are you ready? Let’s go…
Continue readingWe’re back to our desks for the final week of February, and we have a lot of great opportunities on our radar for Tuesday’s trading session…
We got some big moves in our favorite markets today, but if you look closely, you’ll see we have a lot of “tight spaces” we need to avoid tomorrow morning…
In these ‘tight’ situations, the one entry setup I trust most are traps! Here’s where to find them on Tuesday…
Continue readingWe’re headed into Options Expiration (OPEX) tomorrow morning, which means our window of trading opportunities will be a little smaller than normal…
But not to worry, there are lots of high-percentage trades setting-up on the charts this evening, and I’ll go into all the details in tonight’s video…
We have a lot of ranges on the charts tonight, so I’ll be focused on failures and breakouts to finish the week in the green. Are you ready?
Continue readingAre You Seeing this Short Squeeze for Tomorrow?
The Emini looks ripe for a “snap back” to retest major highs…
The big move on Crude Oil says be ready to trap in the sellers…
And Gold is sitting on major support after going 3 legs down…
All three of these markets look great for a short squeeze, but we have to stay patient for the best entries. Are you ready? Here’s my plan…
Continue readingWhat’s the first thing I look for after a Holiday Weekend?
If the markets are open on a Monday holiday, one of the first things I look for is the “Snap Back” setup the following day…
We got half the setup completed today, so I’ll be watching to see if the buyers can finish the “Snap Back” on Wednesday. Are you ready?
Continue readingAre you watching these momentum swings on Thursday?
We started the week with range-bound markets, but as we saw today, the bulls are struggling to breakout to new highs…
Knowing this, I have to assume buyers are waiting to reload their positions at lower prices, but the only way we get there is with a deep pullback off the high…
I’d love a deep pullback, but the momentum of the market as it swings off the highs will be extreme, and I want to make sure you know the best entry patterns to capitalize on them. Here’s my game plan for tomorrow…
Continue readingAre you ready for tomorrow’s big inflation report?
We have our first big news report of the week tomorrow morning, and with markets trading sideways inside of ranges, I’ll be watching for failures, breakouts, and reversal patterns to trade with. Here are my four favorites to look for…
Emini ES, Nasdaq, and Gold are all bullish and range-bound this evening, which means I’ll be using those ranges as magnets tomorrow morning. I’ll be buying low, selling high, and focusing on failures around the edges of the range…
Crude Oil, however, is bullish with a V-bottom pattern, and buyers appear to be struggling to push through today’s high. Knowing this, I’ll be looking for reversal patterns to get short off the highs, or breakout patterns if they try a run up to 60.
Continue readingWe’re back in the action after Super Bowl Weekend, and the market’s picked-up right where they left off last week; bullish trends and price just keeps climbing higher…
Knowing this, I’m looking for ways to buy pullbacks at support levels, but when I look at the charts tonight, I’m seeing wedges and ranges that tell me to choose wisely…
So before you buy the next pullback, make sure you know where these important support levels are, because this is where I’ll be looking for my entries on Tuesday morning…
Continue readingWe’re heading into Non-Farm Payrolls tomorrow morning, the biggest news of the month, and with such big moves in the markets today, I’m looking forward to a busy trading day on Friday…
The markets made BIG moves today, which opens the door for big reversals to finish the week. But not everything is ripe a reversal, because some of these markets have plenty of open space to run…
In fact, I can see a handful of “hidden clues” on the charts tonight, that tell us which markets look ripe for reversals, and which markets we should stick with the trend. Let me show you where to look…
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